Markets


Hillary Clinton, Hiker Meet on Trail Following Election Loss Hillary Clinton, Hiker Meet on Trail Following Election Loss
- November 11, 2016

As she was enjoying the scenery, and about to turn around to head home, Ms Gerster spotted someone she recognised and was suddenly filled with emotion. Surely a surprising and surreal occurrence, Margot added, "Now, I'm not one for signs but I think ill definitely take this one". And, as one mom and her baby found out, Hillary Clinton did what many of us did after her loss - she went for a long walk. (more...)
Canada PM says ready to renegotiate NAFTA with Trump Canada PM says ready to renegotiate NAFTA with Trump
- November 11, 2016

The real estate mogul, reality TV star and now USA president-elect campaigned on isolationist and protectionist policies that horrified many Canadians. Liberals and Conservatives have instead pointed to Canada's contributions to North American defence as well as various NATO missions and operations. (more...)
Trump promised to repeal Obamacare. Now what?
- November 11, 2016

Trump's desk for passage. But it turns out that undoing legislation that's now covering 20 million Americans may not be that simple-as evidenced by the more than 100,000 people who signed up for coverage on Healthcare.gov on Wednesday alone, according to the Department of Health and Human Services. (more...)
No vote on Pacific trade deal before Trump takes office -McConnell No vote on Pacific trade deal before Trump takes office -McConnell
- November 11, 2016

McConnell would not commit to using Budget Reconciliation to repeal the law, though many believe it would be a likely path for Republicans to use to repeal the law. But congressional Republicans have said for months that Republicans could repeal the law if they win the White House by using the tool which will allow them to overcome a Senate filibuster and pass the measure by a simple majority. (more...)
Anti-Trump Protest In Portland, Ore., Turns Destructive, Declared A Riot
- November 11, 2016

Police in Portland, Oregon, are now classifying the anti-Trump protests there as a "riot" due to "extensive criminal and risky behavior", according to a tweet on the police department's Twitter page. "I'm fighting for the rights of brown people, black people, Muslim people". "We made it very clear that ours was a movement born out of love, infused by peace and inhospitable to those that would put us all at risk in the name of actions that are inflammatory, divisive and strategically ... (more...)
Long queues at banks in Hyderabad for exchanging notes Long queues at banks in Hyderabad for exchanging notes
- November 11, 2016

Policemen were also stationed outside prominent bank branches across the city for crowd control and maintaining law & order situation. Banks set up additional counters to change cash as also allow withdrawal from bank accounts through cheque or withdrawal slips with a ceiling of Rs 10,000 in a day within an overall limit of Rs 20,000 in a week (including withdrawals from ATMs) up to November 24. (more...)
How the National Football League uses Singles Day to boost sales in China
- November 11, 2016

After generating RMB 120.7 billion ($17.79 billion) in gross merchandise volume in just 24 hours, the 2016 11.11 Global Shopping Festival, the world's largest one-day online sale, has come to a close. Cut-throat competition for customers on Singles' Day has caused concern over false advertising and manipulated figures. This week China's business regulator advised mainland online shopping platforms to guard against suspect sales tactics. (more...)
Old currency acceptable for paying water, electricity bills till Nov 14 midnight Old currency acceptable for paying water, electricity bills till Nov 14 midnight
- November 11, 2016

This list was later expanded to include payments for metro rail tickets, highway and road toll, purchase of medicines on doctor prescription from the government and private pharmacies, LPG gas cylinders, railway catering, electricity and water bills and ASI monument entry tickets. (more...)
Alphabet Reports Third Quarter Earnings Alphabet Reports Third Quarter Earnings
- November 11, 2016

Advertising accounts for about 90% of Alphabet's revenue. The real moonshot at Google remains its advertising business. Analysts share that enthusiasm. That's the verdict from third-quarter financial results. ( Google ). The Company's segments include Google and Other Bets . Nest's Tony Fadell left in June. (more...)
Kejriwal announces Rs one crore for exserviceman's family
- November 11, 2016

Delhi chief minister Arvind Kejriwal, who was also present during the ceremony, announced Rs 1 crore (USD 160, 000) for the deceased's family. "Ram Kishan Grewal sacrificed his life while fighting for the welfare of ex-Army personnel". "He was deeply committed to all causes which he was associated with". PM should stop lying on the issue. The police said that it was done "for his safety" as the crowds had surged when he arrived and were becoming unmanageable. (more...)
Stocks Alert: Southern Company (NYSE:SO), Cabot Oil & Gas Corporation (NYSE:COG)
- November 11, 2016

Jefferies Group reissued a "buy" rating and set a $60.00 price target on shares of Cabot Corp .in a report on Tuesday, September 13th. The 32 analysts offering 12-month price forecasts for Cabot Oil & Gas Corp have a median target of 29.00, with a high estimate of 38.00 and a low estimate of 22.00. (more...)
OR is epicenter as Trump protests surge across nation OR is epicenter as Trump protests surge across nation
- November 11, 2016

MORE: Police fire rubber bullets at anti-Trump protesters in Santa Ana; 10 arrested At UCLA, hundreds gathered with signs and shouted as they marched across the campus. Thousands took to the streets in Madison, Wisconsin, marching through Library Mall from UW-Madison's Bascom Hall to the State Capitol. Several hundred people flooded onto one of the busiest freeways in Los Angeles , causing a miles-long traffic backup in protest of the presidential election of Donald Trump. (more...)
Anti-Trump protesters take to street for second night
- November 11, 2016

At least 35 protesters were arrested in downtown Los Angeles after blocking traffic and sitting in the street, local media said . Thursday night's protests, which extended into the Friday morning hours, prompted Metro to detour some buses off Spring Street. (more...)
McDowell honors veterans with 98th annual parade
- November 11, 2016

In addition, there will be 15 marching units, seven bands, dozens of color guards and military vehicles and more. Today is Veterans Day, and a parade up 5th Avenue in Manhattan will honor America's men and women in uniform. The annual Veterans Expo will also be held from 9 a.m.to 3 p.m.in the Center of Progress building at the fairgrounds. The parade continues west onto West Franklin Street and then jogs north on North Church Avenue to West Sixth Street before turning south on North Granada ... (more...)
Oil prices dip on persistent fuel supply overhang
- November 11, 2016

IEA data show that October was another record-breaking month for the cartel, with crude output increasing by 230,000 barrels a day to more than 33.8 million barrels a day. Daniel Yergin, vice-chairman of analysis firm IHS Markit and author of The Prize, a well known history of the oil industry, said it could compound supply-side headwinds with demand concerns. (more...)
Cyrus Mistry defends handling of harassment claim in Tata feud Cyrus Mistry defends handling of harassment claim in Tata feud
- November 11, 2016

Now, as part of further efforts to oust him from the wider empire, Tata Sons has called an extraordinary shareholder meeting at Tata Motors - which owns among others Jaguar land Rover - to remove him from the board there. The group also expressed surprise over why Mistry didn't resign from the boards of other Tata units and alleged that the disgruntled executive is colluding with directors at Indian Hotels to take control of the company from the group - claims that people close to Mistry ... (more...)
People Sign Up for Obamacare on Day Donald Trump Presidency Announced People Sign Up for Obamacare on Day Donald Trump Presidency Announced
- November 11, 2016

ACR Health released a statement saying its health insurance and Medicaid will not go away in a Trump administration. We're likely safe for at least another year, and after that, it's the wild west. Prior to 2013, the state provided care to people below the poverty level, a figure at the time that was $19,790 for a family of three. Once a plan is bought for a year, insurance has to cover it. (more...)
What Happens to Trump's Businesses After He Takes Office?
- November 11, 2016

Trump has promised to turn his company over to his three grown children to run once he's sworn in. Conflicts of interest could stem, for example, from countries trying to influence policies by doing business with any of his companies or even his children. (more...)
Oil rig count climbs by 2 Oil rig count climbs by 2
- November 11, 2016

Deutsche Bank AG boosted their price target on Baker Hughes from $38.00 to $52.00 and gave the stock a hold rating in a research report on Monday, August 1st. The company offers solar power, energy efficiency and electric vehicle design, monitoring and maintenance services to homeowners, businesses, schools, non-profits, and government organizations in the United States. (more...)
Oil Prices Fall Post Trump Victory Oil Prices Fall Post Trump Victory
- November 11, 2016

But the oil market remained cautious ahead of a meeting of the Organization of the Petroleum Exporting Countries on November 30 to decide on production policy, which may lead to output cuts. " If the supply surplus persists in 2017 there must be some risk of prices falling back ", the IEA added. The October figure is the highest since at least 2008, according to a Reuters review of past OPEC reports. (more...)